Ex-Media Super manager joins Legg Mason

14-Nov-2017

By Megan Tran

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A former investment manager from media industry superannuation fund Media Super has joined Legg Mason as the fund manager's new institutional sales director.

Justin Nunan, who managed about $5 billion of assets in his former role, also previously held a number of senior positions at ME Bank, including head of treasury sales and institutional manager for cash and fixed income.

Legg Mason managing director Andy Sowerby said the company was impressed with Nunan’s investment credentials and his experience, which included sales, investment management and an understanding of complex financial issues.

“Importantly, Justin has a deep understanding of the dynamics of the Australian superannuation sector and the challenges faced to meet the evolving investment needs of their members,” Sowerby said.

“This knowledge will only help us become better investment partners to our clients and we are excited to welcome Justin to the team.”

Commenting on his appointment, Nunan said he believed the investment industry was entering a new era, with future challenges requiring a different set of capabilities to help capture the full range of opportunities.

“With this I mind, I see Legg Mason as offering something particularly unique with proven capabilities across all major asset classes, including through leading investment managers such as Clarion Partners, Brandywine Global, Entrust Permal and QS Investors,” he said.

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